Use downtime to transform: DPM Heng

Singapore

FIRMS should use the downtime from the Covid-19 outbreak to transform, tapping not just the Stabilisation and Support Package but also government support for transformation, said Deputy Prime Minister and Finance Minister Heng Swee Keat on Tuesday.

The virus relief measures are calibrated for the current assessment of how the situation will develop, but if things change, the government is prepared to do more, he said.

He was speaking to the media at a visit to Parkroyal on Kitchener Road, a hotel which he praised for "making the best use of…

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